{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-002802","form_type":"8-K","ticker":"TEAD","cik":"0001454938","company_name":"Teads Holding Co.","filed_at":"2025-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.660653+00:00","generated_at":"2026-05-27T03:56:59.660948+00:00","sec_items":["1.01","1.02","2.01","2.02","7.01","2.03","2.05","3.02","5.02","5.03","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Outbrain closes Teads acquisition for $625M cash + 43.75M shares; raises synergy target to $65-75M","bullets":["Closed Teads acquisition on Feb 3, 2025; amended consideration: $625M cash (down from $725M) and 43.75M common shares.","New $625M bridge loan (maturing Feb 2026) and $100M revolving credit facility; prior SVB credit agreement repaid and terminated.","Preliminary combined 2024 revenue ~$1.507B, Ex-TAC gross profit ~$622.7M, Adjusted EBITDA ~$160M.","Annual synergy expectation raised to $65-75M in FY2026 (from $50-60M); ~$60M cost synergies including ~$45M compensation.","Restructuring plan with $20-25M charges (primarily severance); board expanded from 9 to 11 directors for Altice designees."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-002802","json":"https://secwatch.observer/filing/0001140361-25-002802.json","markdown":"https://secwatch.observer/filing/0001140361-25-002802.md","text":"https://secwatch.observer/filing/0001140361-25-002802.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1454938/000114036125002802/0001140361-25-002802-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1454938/000114036125002802/ny20037354x5_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T03:56:59.660948+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}